Foreigner's 40th anniversary is approaching, and former singer Lou Gramm would like to do something special to mark the occasion.

As Gramm told ABC News Radio, he's open to the idea of performing with Foreigner for the first time since he last left the lineup in 2003 — and he thinks it'd be great if band leader (and sole remaining founder) Mick Jones rounded up the surviving original members for some special shows.

"I think it would be terrific," said Gramm. "It wouldn't have to be any kind of commitment or anything. Just to honor that anniversary and do something."

Any celebrations would have to occur without the participation of original Foreigner bassist Ed Gagliardi, who died last year, but utility player Ian McDonald, keyboardist Al Greenwood and drummer Dennis Elliott could all potentially be available. McDonald and Greenwood departed in 1980, while Elliott exited in 1992.

Even though he admitted he hasn't heard anything from Jones regarding anniversary plans, he said he still speaks with his former partner on occasion, and believes that "if we don't do anything to mark [the anniversary], then we never will." No matter what happens, Gramm said he intends to commemorate the band's 40-year milestone in some fashion.

"Maybe he'll celebrate that 40th anniversary with his own band in his own way," Gramm said regarding Jones and the current Foreigner lineup. "And if so, I'll certainly honor it with my [solo] band too." Jones last performed with Gramm in 2013, when the duo was inducted into the Songwriters Hall of Fame.

Gramm also discussed his recently revamped website, which includes a busy tour calendar booked intermittently throughout 2016 — including a March 11 date as part of the Little Dreams Foundation's second annual benefit show, whose lineup also boasts a set from foundation co-founder Phil Collins.